The naira posted gains against the US dollar at the Central Bank of Nigeria (CBN)’s official window, coinciding with a notable rise in the country’s foreign reserves to their highest level in six months. According to updated data from the CBN, the spot rate strengthened to ₦1,531.95/$ from ₦1,533.74/$ in the previous session, amid reduced … Continue reading Naira Strengthens As External Reserves Surge To Six-Month High